Gates Pushing Investment in African Farms

May 25, 2011 at 6:01 PM Leave a comment

Politico reports that Bill Gates was in Washington yesterday lobbying for increased aid to help poor farmers in Africa increase productivity. The billionaire philanthropist is framing the funding not as charity, but as an investment:

“This … has nothing to do with the old aid model of donors and recipients,” Gates said. “This is about catalyzing a business opportunity with enlightened investments.”

Gates promoted the Global Agricultural and Food Security Program, an initiative his foundation is funding — to the tune of $1.7 billion — to essentially turn small African farms into mini-businesses.

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Entry filed under: Big Donors, International.

Headline Oversells Social Media Angle Bickerstaff on Corporate Philanthropy

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